A Consumer Reports Survey on the Level of Tipping for Service

question 14

Multiple Choice

A Consumer Reports survey on the level of tipping for service providers.This is what kind
Of variable?

• A)Quantitative
• B)Ordinal
• C)Nominal
• D)Both A and C
• E)Both B and C

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Definitions:

Time-Driven

Refers to actions or processes that are initiated or executed based on the passage of time or at specific time intervals.

Unused Capacity

The available but unutilized production or service capacity of a business, often reflecting inefficiencies or missed revenue opportunities.

Time-Driven

Pertaining to methods or systems where actions are scheduled or measured based on time.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific activities, providing more accurate information on the real cost of specific product lines, services, or customers.